338 Aloma Way Arroyo Grande CA 93420 MLS #PI22078455

WELCOME TO 338 ALOMA WAY, AN AMAZING INVESTMENT OPPORTUNITY IN ARROYO GRANDE! This unique home sits on 10.13 acres in a most desirable area of Arroyo Grande. The 3453 sq.ft. 4 bedroom/3-1/4 bath home was custom-built in the European style. As you enter the house, you’re greeted with a formal entry that leads into a HUGE great room with a massive fireplace, cathedral ceilings with magnificent wooden beams, and beautiful hardwood floors, into an open dining room, and galley kitchen with a spacious nook. All have views of the beautiful mature trees. Down the hall you’ll find 2 bedrooms which share a bathroom, and a huge indoor laundry/mudroom with a powder room. Upstairs you’ll find the master ensuite with a spacious sitting room. One more floor up you’ll find an extra office, or sitting room, with a custom built tongue-in-groove beamed ceiling. Outside you’ll find a professionally landscaped yard with so much potential. Driving or walking down a road to the back of the property, you’ll find an old barn, manufactured home, an outbuilding, and a guest house. The guest house is as cute as it can be with kitchen, living, dining room, and bath downstairs, and 3 BR and 1 bath upstairs … and rents out for $2000/month! The County has said this 10 acre parcel can be split into two 5-acre parcels with so much potential for building Additional Dwelling Units (ADU’s). Buyer to verify. Investors, homeowners, builders? There are so many options with this property, the choice is yours. This property is a must see, don’t miss out!!

Property Details

Price:
$1,600,000
MLS #:
PI22078455
Status:
Closed ((Jun 30, 2022))
Beds:
3
Baths:
4
Address:
338 Aloma Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
East of 101500
City:
Arroyo Grande
Listed Date:
Apr 19, 2022
State:
CA
Finished Sq Ft:
3,453
ZIP:
93420
Lot Size:
441,262 sqft / 10.13 acres (approx)
Year Built:
1999

Schools

Interior

Appliances
Built- In Range, Dishwasher, Double Oven, Electric Oven
Cooling
None
Fireplace Features
Living Room
Flooring
Stone, Tile, Wood
Interior Features
Beamed Ceilings, Cathedral Ceiling(s)

Exterior

Community Features
Biking, Foothills, Horse Trails, Rural
Electric
Electricity – On Property
Fencing
Wood
Foundation Details
Raised
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Features
Driveway
Pool Features
None
Roof
Tile
Sewer
Septic Type Unknown
Spa Features
None
View
Hills, Mountain(s), Panoramic, Trees/ Woods
Water Source
Private, Well

Financial

Association Fee
0.00
Utilities
Cable Available, Electricity Available, Phone Available, Propane

Map

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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

More About JoAnn
338 Aloma Way
Arroyo Grande, CA